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Legislation
Income Tax (Earnings and Pensions) Act 2003

Crossheading Supplementary provisions

  • Section 546 Meaning of being entitled “on similar terms”
  • Section 547 Meaning and amount or value of “registrant discount”
  • Section 548 Minor definitions
  1. Supplementary provisions
  2. Minor definitions

Section 548 | Minor definitions

From legislation.gov.uk

(1)In this Chapter—

(2)For the purposes of subsection (1) a person is not to be regarded as a person in accordance with whose directions or instructions the directors of the company are accustomed to act merely because the directors act on advice given by that person in a professional capacity.

(3)References in this Chapter—

(a)to the employment, in relation to an employee, are to the employment of that employee, and

(b)to the office, in relation to a director, are to the office of that director.

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